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the height of the economic crisis. ben bernanke was expected to testify but the hearing was canceled because of the snow. bernanke says the fed will likely raise it is interest rate it pays banks. raise the rate but analysts say that could hurt folks looking for consumer loans because banks have incentive to sit on their money rather than lend. this is the cycle and we're gob to move forward. bernanke says the move is months away and claims it's best for the fed to recoup the money it loaned out. you may wonder why would the federal reserve do something to make it more difficult to get loans? at the same time, the obama administration wants banks to extend loans to small business to say they can hire more workers. it's a central component of the job creation plan. major garrett has more. how can each happen at the same time, as if i didn't know? >> i've talked to senior administration officials and of course the federal reserve is an independent agency, the white house and treasury department don't like to talk about the policy but the federal reserve and government are more interlinked sinc
. >> people orchestrated the bailout and ben bernanke and others says this makes them sick and it's what they hated the most. >> if you don't get the "fox business" network, you should demand it. so says neil cavuto. >> shepard: word of a rough standoff in the town of mccomb, illinois. it appears what's happened is a gunman is in a farm king store, which i'm told is a supermarket. and he's been shooting up the place. it's apparently, according to the reports from mccomb, illinois, north and west of the capital, two people may be dead. is that true? two people shot. my bad. we don't know their status. we know a couple people have been shot. people came out of the store crying and the s.w.a.t. team is there. the local reporter heard shots fired again. two farm king employees are hold up in an -- holed up in the office and eyewitness told the local tv the police, fire and ambulance crew are on the scene. the shooting is taking place now according to authorities. i just -- we have no idea who is doing the shooting and why these employees are holed up in the place. but we're getting crews fro
Search Results 0 to 1 of about 2

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